Business Services Industry

ASIC seeks to interview One.Tel trio.

Australasian Business Intelligence, February, 2002

Feb 2, 2002 (The Australian Financial Review

ABIX via COMTEX) -- The Australian Securities and Investments Commission (ASIC) plans to interview more One.Tel directors. ASIC wants to interview Peter Howell-Davies and Pirjo Kekalainen-Torvinen, who both joined the board just prior to the telecommunication company's collapse in May 2001. ASIC also wants to interview a former director, Rodney Adler. It has launched civil proceedings against One.Tel directors Jodee Rich, Bradley Keeling and Mark Silbermann, alleging they breached their directors' duties by withholding key financial information.

ONE.TEL LIMITED: AUSTRALIAN SECURITIES AND

INVESTMENTS COMMISSION:

SINGTEL OPTUS LIMITED: SONERA 3G HOLDING BV: LUCENT TECHNOLOGIES INCORPORATED...

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